iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,445 Blog Posts

Preperations for “Operation BROKEN ROBOT” are Underway

“The Fly,” with the begrudging help of his underlings, has been preparing for a BROKEN ROBOT X-MAS trading session. I declared: “The fucking robots are going to break down ok, PREPARE for that eventuality.” People just sort of looked at me like “WTF should I do now?” It pains me that no one else sees the writing on the wall. “Thank God for KING COCK,” famous words spoken by many at the dinner table.

America needs capital gains. The government wants you to swim in gains, until 12/31/09, so that they can take a percentage of them from you during tax season. They are going to throw the kitchen sink AND MORE at this market, in the name of generating revenue.

Let it be no surprise iBankCoiners, when the fucking robots break down for X-mas, you will know what to do.

Personally, I’ve established positions in shoddy retailers, like Sears Holdings Corporation [[SHLD]] , mainly because there are scores of people—and I mean scores, short the name for the holidays. ‘Tis not the season to be short, fa la la, la la, la, la la la la or some shit.

At the moment, my Chinese slavery plays, [[YONG]] and [[HEAT]] are taking a breather; but that’s okay. They don’t believe in X-mas anyway. We’ll worry about them later.

For now, I must embrace positions like ATP Oil & Gas Corporation [[ATPG]] , Sears Holdings Corporation [[SHLD]] , Equinix, Inc. [[EQIX]] , Green Mountain Coffee Roasters Inc. [[GMCR]] , SandRidge Energy Inc. [[SD]] , Flowserve Corporation [[FLS]] and even U.S. Global Investors, Inc. [[GROW]] , because Santa Claus is a big fan of said names.

Okay, “The Fly” must go now. He has many things to do and people to belittle, in real life.

See you Sears suckers in about 2-3 hours.

UPDATE: A word on gold.

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29 comments

  1. Teahouse On The Tracks
    Teahouse On The Tracks

    SAM

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  2. No One

    Insightful analysis

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  3. The_Real_Hmmm

    At iBC you get “decked in the halls” at Christmas time.

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  4. Naked Access Trader

    We own this market – you little people are just pawns.

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  5. Mr. President

    “The government wants you to swim in gains, until 12/31/09, so that they can take a percentage of them from you during tax season.” – I love your insight, Fly.

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  6. mrkcbill

    Giva Giva Giva Giva Keurig

    GLW to 20 for Christmas

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  7. Purdy

    The gov’t doesn’t want paper gains – they want a taxable event.

    How will they scare people into selling in ’09?

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    • Purdy

      Conspiratorily speaking, they should want robust paper gains until Christmas – – and then scare them into selling the week after.

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    • The Fly

      that would be a net negative. The best way to ensure gains is higher stocks.

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      • Hammy

        relatively speaking, how much revenue are we even talking about here?

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        • The Fly

          100’s of billions.

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          • Hammy

            why does tax revenue even matter when they can just raise the debt ceiling?

            edit: i don’t really expect an answer.

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          • JakeGint

            Hamfast?

            Is that a broken robot in your avatar?

            LOL!

            (Asskiss)

            ____

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          • Hammy

            yeah. i thought i’d subtly join in on the brotherly (?) affection you so shamelessly lavish on your man-crush from time to time.

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          • JakeGint

            Son, are you looking for a dishonorable discharge?

            What did President Bill tell you guys anyway?

            — “Don’t ask, Don’t tell,” is the way to a nice pension with plenty of health bennies for those problem’s y’all are picking up in the boy brothels of Thailand and such.

            _______

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          • Hammy

            when homos get kicked out it’s classified as an “administrative discharge” and is a de-facto honorable discharge.

            no homo here, Jake, and no offense when i call you out on the bro-mance between you and the Fly.

            http://www.urbandictionary.com/define.php?term=Man%20Crush

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          • JakeGint

            Willy Shakes had this excellent sketch about this confused Prince in Denmark. One of the more famous quotes from the piece– that has survived even as it was barely integral to the plotting– was one directed at him Mama (the Queen, naturally) for maybe making too big a thing about a relative triviality because perhaps she saw the triviality reflected in herself —
            So the Prince says to the Queen:

            “The Lady doth protest TOO much, methinks.”

            _______________

            I recommend Willy Shakes to all my junior officers.

            __

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        • Purdy

          Peanuts. And if anyone were in the mood to care about revenues, no one would be loaning us money at single-digit rates.

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  8. The_Real_Hmmm

    Like Monica Lewinsky in the Oval Office, the stock party doesn’t end until the bill comes.

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    • DMG

      lol

      you’re on a roll – ‘decked in the halls’

      good stuff

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      • MX2101

        For every stripper Tiger bedded, a dozen more can only say “Tiger, we hardly blew ye”

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  9. Teahouse On The Tracks
    Teahouse On The Tracks

    CENX is a runaway freight train … sell it and pay your taxes!

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  10. JakeGint

    I think the robots may be breaking already.

    In the least, it appears their “buy” buttons have worn to a nubbin, and are no long functional.

    Of course, the FX dollar robots’ “buy” buttons are practically shiny new with disuse.

    ___________

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  11. Wondering

    Preperations?? I think… Preparations

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